7404 Arapaho DrLouisvilleKY40214
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Louisville at 7404 Arapaho Dr, Louisville, KY, 40214 generates $2,606/mo in rent and, after a $1,640/mo payment, leaves $567/mo in cash flow. Total monthly income is $2,606/mo, and annual cash flow is $6,801/yr on $111,053 invested. Return on cash invested sits at 26.03% in year one, and rental yield is 9.33% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 135.54% and total cumulative return in cash sums $150,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,606/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40214, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,229 (100%) |
| Owner Occupied HU | 10,411 (51.5%) |
| Renter Occupied HU | 8,079 (39.9%) |
| Vacant Housing Units | 1,739 ( 8.6%) |
| Median Home Value | $217,200 |
| Average Home Value | $266,231 |
Housing Distribution
Address Breakdown
Residential
19,448
Single Family
16,703
Multi-Family
2,745
Businesses
857
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Listed by: Kevin Clarke • Keller Williams Collective
Mls Name: GLARMLS
Mls ID: #1706596